Swastika Infra IPO Subscription Status
Swastika Infra IPO was subscribed 7.6 times when bidding closed on 25 Sep 2026: QIB 3.22x, NII 18.5x, Retail 5.39x.
The Swastika Infra IPO has been subscribed 7.6x times overall. Retail investors have shown interest with bids for 5.39x the shares available. The Non-Institutional Investor (NII) category has been subscribed 18.5x. Within NII, Big HNI (B-HNI) subscribed 20x and Small HNI (S-HNI) subscribed 15.49x. Qualified Institutional Buyers (QIBs) have subscribed 3.22x. Data last updated on 30 Sep, 06:30 PM.
The IPO subscription period has ended. The issue opened on 23 Sep, 2026 and closes on 25 Sep, 2026. The shares are expected to list on stock exchanges on 30 Sep, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 57,55,941 of 17,88,572 20 applications 106.48 Cr | 3.22x |
| NII | 2,52,33,525 of 13,63,929 9,365 applications 466.82 Cr | 18.5x |
bHNI — bid amount above ₹10 Lakh |
1,81,89,522 3,292 applications 336.51 Cr | 20 |
sHNI — bid amount ₹2–10 Lakh |
70,44,003 6,073 applications 130.31 Cr | 15.49 |
| Retail | 1,71,61,794 of 31,82,500 1,82,521 applications 317.49 Cr | 5.39x |
| TOTAL | 4,81,51,260 1,91,906 applications 890.80 Cr | 7.6x |
Swastika Infra IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹185.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 2.06x subscribed | 26 | 26 | AllAll allotted |
|
Ex. Anchor
Ex. Anchor
|
20 | 20 | AllAll allotted |
|
Anchor
Anchor Investors
|
6 | 6 | AllAll allotted |
| NII (HNI) 19.29x subscribed | 9,365 | 1,149 | 1 out of 81 out of 8 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
3,292 | 766 | 1 out of 41 out of 4 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
6,073 | 383 | 1 out of 151 out of 15 |
| Retail 5.53x subscribed | 1,82,521 | 37,575 | 1 out of 51 out of 5 |
| TOTAL 5.86x subscribed | 1,91,912 | 38,750 | 1 out of 51 out of 5 |
Swastika Infra IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 18.6% for a single lot.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
25 Sep 2026
Day 3 |
7.6x | ▼ | |
|
QIB3.22x
BHNI20x
SHNI15.49x
Retail5.39x
|
|||
|
24 Sep 2026
Day 2 |
1.64x | ▼ | |
|
QIB1x
BHNI3.15x
SHNI1.46x
Retail1.59x
|
|||
|
23 Sep 2026
Day 1 |
0.96x | ▼ | |
|
QIB0.69x
BHNI2.49x
SHNI0.73x
Retail0.71x
|
|||
Swastika Infra IPO dates
From the bidding window to listing. Today is 2 November.
- Open 23 Sep 2026
- Close 25 Sep 2026
- Allotment 28 Sep 2026
- Refund/credit 29 Sep 2026
- Listing 30 Sep 2026
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | SHINE STAR BUILD-CAP PVT.LTD. | SHINE STAR | ₹10.00 Cr | 20.72% | |
| 2 | MINERVA VENTURES FUND | MINERVA | ₹10.00 Cr | 20.72% | |
| 3 | LONGTHRIVE CAPITAL VCC-TRENDVIEW CAPITAL FUND | LONGTHRIVE CAPITAL VCC | ₹10.00 Cr | 20.72% | |
| 4 | KRONE FINSTOCK PVT.LTD. | KRONE FINSTOCK | ₹8.26 Cr | 17.11% | |
| 5 | SWYOM INDIA ALPHA FUND | SWYOM | ₹5.00 Cr | 10.36% | |
| 6 | ASAS GLOBAL FUND INCORPORATED VCC SUB FUND | ASAS GLOBAL | ₹5.00 Cr | 10.36% | |
| TOTAL | ₹48.26 Cr | 99.99% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Swastika Infra IPO?
As of IPO close date (25 Sep, 2026), the Swastika Infra IPO is subscribed 7.6x times. Retail category is 5.39x, and NII is 18.5x subscribed.
When is the allotment date for Swastika Infra IPO?
The allotment for Swastika Infra IPO is expected to be finalized on 28 September, 2026.
What is the GMP of Swastika Infra?
The Grey Market Premium (GMP) for Swastika Infra is currently ₹7, indicating a potential listing gain of 3.78%.
When will Swastika Infra IPO list on the stock market?
Swastika Infra is scheduled to list on BSE and NSE on 30 September, 2026.
What are the chances of getting allotment in Swastika Infra IPO?
The retail category is oversubscribed at 5.39x, meaning allotment is by lottery. Statistically, approximately 1 in 6 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 3.22x mean for Swastika Infra IPO?
Moderate — QIBs have subscribed 3.22x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Swastika Infra IPO allotment status?
After the allotment date (28 Sep, 2026), you can check your Swastika Infra IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Swastika Infra IPO further
Track every stage of this IPO, from subscription to listing.
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Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
